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Cardano Ecosystem

Crypto News Flash (EN)

10/03/2023

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Cardano's Coinecta Launchpad Revolutionizes ADA Fundraising with CNCT Token

Coinecta, the decentralized Web3 launchpad, introduces itself to the Cardano ecosystem, aiming to provide a secure system for cryptocurrency protocols fundraising. CNCT token, the core native cryptocurrency...

Cardano's Coinecta Launchpad Revolutionizes ADA Fundraising with CNCT Token

  • Coinecta, the decentralized Web3 launchpad, introduces itself to the Cardano ecosystem, aiming to provide a secure system for cryptocurrency protocols fundraising.
  • CNCT token, the core native cryptocurrency asset of Coinecta, is in the spotlight with its impending sale and staking features.

In a thrilling development, Coinecta, a next-generation Cardano-based token launch platform, has announced its entrance into the Cardano realm. Through a statement on their official handle, Coinecta expressed its eagerness to invigorate the Cardano ecosystem, stating,

Hi #Cardano community! 👋

Exciting news: Coinecta is joining #Cardano!🤞

We'd love a warm welcome! We're new here and excited to bring some fresh energy to the ecosystem.

— Coinecta | LaunchPad on Cardano (@CoinectaFinance) October 1, 2023

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Coinecta’s Unique Proposition: A Middleman-Free Fundraising Model

One of Cardano’s most notable decentralized applications (dApps), Coinecta promises a revolution in the way fundraisers, investors, and stakers operate. With its decentralized model, there’s no longer a need to depend on third-party intermediaries for seed funding campaigns. What’s more, Coinecta offers transparency and security, ensuring that funding rounds for cryptocurrency protocols within the Cardano ecosystem are streamlined and trustworthy.

Centered around the CNCT token, which stands as its primary cryptocurrency asset, Coinecta’s model is unique. The platform emphasizes its community-driven nature, being fully open-source, decentralized, and free from venture capitalist influence at any growth stage. In pursuit of legitimacy and global integration, the Coinecta team is seeking regulatory endorsement in El Salvador, a well-known hub for Bitcoin and other cryptocurrencies.

The Future of CNCT Token and Cross-chain Integrations

Beyond its foundational role in Coinecta’s operations, the CNCT token brings with it a range of features. Upon its launch, the token will be stakable, with staking tiers reflecting the investor’s level of engagement in fundraising campaigns. Additionally, the IDO launchpad is set to accept both Cardano’s core ADA token and Djed, the inaugural decentralized stablecoin launched on the Cardano blockchain.

Taking its innovations a step further, Coinecta is venturing into cross-chain integrations. In collaboration with ErgoPad, a decentralized token sale platform on the Ergo blockchain, Coinecta aims to pioneer in cross-chain IDO launchpads in the Web3 space. This initiative ensures Cardano users enjoy enhanced accessibility, aligning with the recent introduction of OptionFlow, Cardano’s premier on-chain derivatives trading platform.

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